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Monday: Soft US jobs drive yields, USD down

US jobs growth was weaker than expected, so US bonds and stocks rallied. US Treasury yields and the US dollar fell. The RBA is expected to hold hawki…

2 years, 1 month ago

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Friday: Relief as Powell rules out rate hike

US bond yields fell after Fed Chair Jerome Powell appeared to rule out rate hikes. Japanese authorities may have intervened again to hold up the yen.…

2 years, 2 months ago

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Thursday: Fed holds, cites lack of progress towards 2%

The US Federal Reserve has kept rates on hold and signaled a lack of progress towards its 2% inflation goal in recent months. New Zealand’s labour ma…

2 years, 2 months ago

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Wednesday: Firm US wages harden views on high rates for longer

Stronger US wage data adds to fears rates will be on hold for longer. Core inflation progress in Europe supports a June cut by the ECB. China’s facto…

2 years, 2 months ago

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Tuesday: US dollar sags back from 160 yen

The yen bounces hard after slumping through 160. Some think Japan’s authorities intervened, but there’s no confirmation. ANZ Research has changed its…

2 years, 2 months ago

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Monday: Stuck between rates heaven & hell

The US dollar has spiked up over 158 yen. Traders are on high alert for intervention by Japanese authorities. Market expectations for rate cuts by th…

2 years, 2 months ago

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Friday: Rates seen high for even longer

US stocks fell and US Treasury yields rose after US growth and inflation data was worse than expected. Australia’s strong CPI could shift the RBA’s r…

2 years, 2 months ago

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Wednesday: PMIs support rate cut hopes

Global PMIs offer hope for an earlier US rate cut, an ECB cut in June, and an easing by the Bank of England in August. Australian inflation is set to…

2 years, 2 months ago

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Tuesday: Stocks up, but oil & gold fall on easing tensions

Global stocks are on the rise, while gold and oil prices fell overnight on easing tensions in the Middle East. Chinese authorities move to boost Hong…

2 years, 2 months ago

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Monday: Markets watching bond yields & USD closest

Global markets start the week nervously eyeing the Middle East and key US data later this week. Asian currencies are jittery near record lows against…

2 years, 2 months ago

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